ExodusPoint Capital Management LP Invests $21.66 Million in The Sherwin-Williams Company $SHW

ExodusPoint Capital Management LP acquired a new position in The Sherwin-Williams Company (NYSE:SHW) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 66,859 shares of the specialty chemicals company’s stock, valued at approximately $21,664,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Lloyd Advisory Services LLC. acquired a new stake in shares of Sherwin-Williams in the fourth quarter worth $27,000. Ares Financial Consulting LLC acquired a new stake in shares of Sherwin-Williams in the fourth quarter worth $27,000. Lodestone Wealth Management LLC acquired a new stake in shares of Sherwin-Williams in the fourth quarter worth $31,000. Rossby Financial LCC grew its stake in shares of Sherwin-Williams by 96.0% in the third quarter. Rossby Financial LCC now owns 98 shares of the specialty chemicals company’s stock worth $33,000 after acquiring an additional 48 shares during the last quarter. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Sherwin-Williams in the fourth quarter worth $33,000. Institutional investors and hedge funds own 77.67% of the company’s stock.

Analyst Upgrades and Downgrades

SHW has been the topic of several research analyst reports. UBS Group downgraded shares of Sherwin-Williams from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $385.00 to $330.00 in a research note on Tuesday, June 2nd. Wells Fargo & Company lowered their price objective on shares of Sherwin-Williams from $365.00 to $350.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 29th. Mizuho decreased their price target on shares of Sherwin-Williams from $410.00 to $371.00 and set an “outperform” rating on the stock in a research note on Monday, March 23rd. Zacks Research upgraded shares of Sherwin-Williams from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 31st. Finally, JPMorgan Chase & Co. decreased their price target on shares of Sherwin-Williams from $385.00 to $365.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $366.77.

Sherwin-Williams Stock Up 0.6%

SHW opened at $322.31 on Wednesday. The Sherwin-Williams Company has a fifty-two week low of $289.86 and a fifty-two week high of $379.65. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.86 and a quick ratio of 0.53. The firm’s fifty day moving average price is $317.28 and its two-hundred day moving average price is $331.76. The company has a market capitalization of $79.49 billion, a P/E ratio of 30.93, a P/E/G ratio of 2.76 and a beta of 1.12.

Sherwin-Williams (NYSE:SHW) last posted its quarterly earnings results on Tuesday, April 28th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.08. Sherwin-Williams had a net margin of 10.86% and a return on equity of 64.55%. The firm had revenue of $5.67 billion for the quarter, compared to the consensus estimate of $5.56 billion. During the same quarter in the previous year, the company earned $2.25 earnings per share. The business’s revenue was up 6.9% compared to the same quarter last year. Sherwin-Williams has set its FY 2026 guidance at 11.500-11.900 EPS. On average, analysts anticipate that The Sherwin-Williams Company will post 11.77 EPS for the current year.

Sherwin-Williams Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were issued a dividend of $0.80 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $3.20 dividend on an annualized basis and a dividend yield of 1.0%. Sherwin-Williams’s dividend payout ratio (DPR) is presently 30.71%.

About Sherwin-Williams

Sherwin-Williams (NYSE: SHW) is a global manufacturer and distributor of paints, coatings and related products. Founded in 1866 and headquartered in Cleveland, Ohio, the company supplies a broad range of coatings for residential, commercial and industrial applications. Its product offering includes architectural paints and stains, industrial and protective coatings, automotive finishes, and a variety of sundry products such as primers, sealants and specialty treatments used by professionals and consumers.

The company sells through multiple channels, including a large network of company-operated retail paint stores that serve professional contractors and do-it-yourself consumers, as well as through distributors and mass retailers.